Chapter 11, Problem 16P

1)

To determine

Manufacturing Strategy:

It is a plan of action that forms the core value and thought process behind the production and manufacturing that is driven in an industry.

It helps in decide how to allocate and utilize resources such as man power, machine, capital etc. and how to effectively and efficiently achieve optimal resource productivity and output on a micro and macro level.

Contrast between MPC’s old manufacturing strategy and new manufacturing strategy.

To determine

• Why companies change their strategic goals and performance measures.
• Examples of measures appropriate to MPC before change in strategy
• Why said measures would fail to measure performance of MPC after change in strategy

To determine

Construct a Balanced Score card for MPC’s new strategy

To determine

Hypotheses in balanced score card of MPC’s new strategy and hypotheses which are questionable.